400 W Belden Ave, Addison, IL, 60101

400 W Belden Ave Addison, IL 60101

Addison
FOR SALE FOR LEASE
Property Type:
Warehouse
Amount:
Please Call Broker for Price

Last Verified:
Aug 27, 2024

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Description

** OWNER / USER OPPORTUNITY **

Located in Addison, IL, this incredible 12,190 SF building offers a fantastic investment opportunity. Equipped with 4 separate units, 400 Belden Ave allows an investor to expand their portfolio for returns.
Owner - Occupier scenario availability as well.
2,000 SF available October - 2024

Seize the opportunity to lease 2,000 square feet of versatile commercial space in the thriving area of Addison, IL. This property features a clear height of 14 feet, making it ideal for various business operations. The space includes one drive-in door, facilitating easy access for loading and unloading.

In the bustling industrial heart of Addison, IL, the exceptional 12,190 SF building at 400 Belden Ave represents an investment opportunity. A rare multi-tenant industrial property, where four units. Each contributes to a robust, steady income stream. Subject to DuPage County Taxes and possessing excellent highway accessibility to I-355, I-290, Rte. 53 and Rte. 83, 400 Belden Ave., offers a fantastic opportunity. Additionally, this property has had recent interior office upgrades made and offers ample parking to tenants.

In a market where vacancies can be a concern, this property shines with a coveted 100% occupancy rate, underscoring its desirability and strategic location. The tenants are firmly rooted, drawn by the village's vibrant industrial ecosystem and the building's versatile, well-maintained spaces.

This is more than just real estate; it's a gateway to expanding your portfolio with confidence. Each unit at 400 Belden Ave stands ready to deliver reliable returns, making this property a cornerstone investment in Addison's thriving industrial landscape.


Year Built: 1960
Building Size: 12190sq ft
Lot Size: 0.54 acres

Units for Lease

400 Belden Ave
Space Available: 2000 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $13.50

Map of 400 W Belden Ave, Addison, IL, 60101

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.